Monday, September 21, 2020

The 333 Largest San Francisco Bay Area Headquartered Companies Total Pretax Earnings Declined By 44% in the Second Quarter of 2020, Even Much Worse Than Their 18% Decline in the First Quarter of 2020. This is San Francisco Bay Area Companies Largest Quarterly Earnings Percentage Decline Since the 2000 Tech Bubble. The Trump Administration's Reputedly Strong US Economy Certainly Hasn't Hit the San Francisco Bay Area.

The table below summarizes by County the Gold-Standard US GAAP Total Pretax Income (Losses) From Continuing Operations for the second and first quarters of both 2020 and 2019 of the 333 superb Companies with stock market caps above $100 mil which are located in the key San Francisco Bay Area, which is the economic envy of the world.

US US US US
GAAP GAAP GAAP GAAP
Total Total Total Total
Pretax Pretax Pretax Pretax
Income Income Income Income
(Loss) (Loss) (Loss) (Loss)
Second Second First First
Companies Located in the San Francisco Bay Area  Quarter Quarter Quarter Quarter
Summary Total Pretax Income (Losses) By County Number of 2020 2019 2020 2019
Stock Market Caps Above $100 Mil Companies mils $ mils $ mils $ mils $
Santa Clara County                 119           42,428           39,123           37,657           38,415
San Mateo County                   93             6,528           11,348           10,465             8,781
San Francisco City and County                   56           (7,179)             1,959              (181)           10,298
East Bay (Alameda and Contra Costa Counties)                   53           (7,902)             8,438             5,728             6,694
North Bay (Marin, Sonoma, Solano and Napa Counties)                   12                650                315              (725)                230
Total all 333 Cos in the 9 Counties of the San Francisco Bay Area                 333           34,525           61,183           52,944           64,418
… % Change From Prior Year Quarter -44% -18%